Annual producer inflation in Germany surged to 33.6% in May of 2022, breaking a new record peak for a 6th straight month and higher than 33.5% in April and market forecasts of 33.5%. The figures reflect the effects of the Ukraine war, with energy prices remaining the biggest upward contributor (87.1%), namely distribution of natural gas (148.1%), electricity (90.4%) and mineral oil products (55.8%). Excluding energy, producer prices climbed 16.5% from a year earlier. Other significant price increases were seen for intermediate goods (25.1%), particularly metals (38.1%), fertilizers and nitrogen compounds (110.9 %) and wooden containers (67.4%); non-durable consumer goods (14.7%), such as food (19.2%); durable consumer goods (9.4%); and capital goods (7.1%, the biggest increase since September 1975). On a monthly basis, producer prices went up 1.6%, the least in three months, easing from a 2.8% gain in April, and compared with the market consensus of a 1.5% growth. source: Federal Statistical Office

Producer Prices Change in Germany averaged 2.27 percent from 1950 until 2022, reaching an all time high of 33.60 percent in May of 2022 and a record low of -7.80 percent in July of 2009. This page provides the latest reported value for - Germany Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Producer Prices Change in Germany is expected to be 14.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Producer Prices Change is projected to trend around 3.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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Germany Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-05-20 06:00 AM Apr 33.5% 30.9% 31.5% 31.5%
2022-06-20 06:00 AM May 33.6% 33.5% 33.5% 33.8%
2022-07-20 06:00 AM Jun 33.6%


Related Last Previous Unit Reference
Inflation Rate 7.60 7.90 percent Jun 2022
Inflation Rate Mom 0.10 0.90 percent Jun 2022
Consumer Price Index CPI 117.70 117.30 points Jun 2022
Harmonised Consumer Prices 118.00 118.20 points Jun 2022
Core Consumer Prices 112.60 112.00 points May 2022
Core Inflation Rate 3.78 3.80 percent May 2022
Producer Prices 147.50 145.10 points May 2022
Producer Prices Change 33.60 33.50 percent May 2022
Export Prices 121.70 120.70 points Apr 2022
Import Prices 138.30 135.90 points Apr 2022
Food Inflation 11.10 8.60 percent May 2022
Producer Price Inflation MoM 1.60 2.80 percent May 2022
Wholesale Prices 136.70 135.30 points May 2022
CPI Transportation 130.00 128.50 points May 2022
CPI Housing Utilities 117.40 116.40 points May 2022

Germany Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
33.60 33.50 33.60 -7.80 1950 - 2022 percent Monthly
NSA

News Stream
German Producer Inflation Hits Record for 6th Month
Annual producer inflation in Germany surged to 33.6% in May of 2022, breaking a new record peak for a 6th straight month and higher than 33.5% in April and market forecasts of 33.5%. The figures reflect the effects of the Ukraine war, with energy prices remaining the biggest upward contributor (87.1%), namely distribution of natural gas (148.1%), electricity (90.4%) and mineral oil products (55.8%). Excluding energy, producer prices climbed 16.5% from a year earlier. Other significant price increases were seen for intermediate goods (25.1%), particularly metals (38.1%), fertilizers and nitrogen compounds (110.9 %) and wooden containers (67.4%); non-durable consumer goods (14.7%), such as food (19.2%); durable consumer goods (9.4%); and capital goods (7.1%, the biggest increase since September 1975). On a monthly basis, producer prices went up 1.6%, the least in three months, easing from a 2.8% gain in April, and compared with the market consensus of a 1.5% growth.
2022-06-20
German Producer Inflation Hits Record for 5th Month
Annual producer inflation in Germany jumped to 33.5% in April of 2022, breaking a fresh record high for a 5th straight month and higher than 30.9% in March and market forecasts of 31.5%. The figures reflect the effects of the war in Ukraine for the first time, with energy prices remaining the biggest upward contributor (87.3%), namely distribution of natural gas (154.8%), electricity (87.7%), mineral oil products (53.9%). Excluding energy, producer prices increased 16.3% yoy. Other significant price increases were seen for intermediate goods (26.0%), namely metals (43.3%), fertilizers and nitrogen compounds (111.7 %), wooden containers (75.0%); and non-durable consumer goods (13.2%), namely food (17.3%); and capital goods (6.7%, the biggest increase since October 1975). Compared to the previous month, producer prices increased 2.8%.
2022-05-20
Germany Producer Inflation Continues to Rise
Annual producer inflation in Germany jumped to 30.9% in March of 2022, breaking a fresh record high for a 4th straight month and much higher than 25.9% in February and forecasts of 28.2%. The figures reflect the effects of the war in Ukraine for the first time, with energy prices remaining the biggest upward contributor (83.8%), namely distribution of natural gas (144.8%), electricity (85.1%), mineral oil products (61.3%). Excluding energy, producer prices increased 14% yoy. Other significant price increases were seen for intermediate goods (23.3%), namely metals (39.7%), fertilisers and nitrogen compounds (+87.2 %), wooden containers (68.8%); and non-durable consumer goods (9.6%), namely food (12.2%); and capital goods (5.8%, the biggest increase since 1975). Compared to the previous month, producer prices increased 4.9%.
2022-04-20